Sunita Tools Delivers NATO-Spec 155mm M107 Artillery Shell Prototypes; Share Price Hits Upper Circuit

Sunita Tools Limited announced that it has delivered samples/prototypes and approved test reports for NATO-spec and standard 155mm M107 artillery shells to its customers under an Interim Sales Agreement. 

According to the company, the prototype shells formed the first lot under the agreement. While the samples had been ready earlier, their dispatch was delayed due to shipping channel disruptions. 

US Subsidiary Receives Fresh Order and Vendor Approval 

The company also announced that NMI, a US business in which Sunita Defence Inc., a wholly owned subsidiary of Sunita Tools Limited, holds a majority stake, has received an order worth $97,632 from a reputed supply chain company. 

Additionally, NMI has been approved as a vendor by Southern States Cooperative, a Virginia-based agricultural cooperative serving more than 3,00,000 farmer-members through around 1,200 retail outlets. Sunita Tools said this development is expected to contribute to a larger order book from July 2026 onwards. 

Legacy Business and Corporate Governance Initiatives 

Sunita Tools stated that its legacy engineering business has also started the financial year on a positive note and currently has a healthy order book for June and July 2026. 

The company further said that it is evaluating proposals from leading professional services firms to undertake a comprehensive organisational due diligence review as part of its governance initiatives. 

Sunita Tools Share Price Performance 

As of June 10, 2026, at 2:50 PM, Sunita Tools share price was trading at ₹702.15, up ₹33.40 or 4.99% from the previous close, hitting the upper circuit during the session. 

The company's current market capitalisation stood at ₹440.98 crore. The stock also witnessed a spurt in trading volume of more than 1.68 times compared with its average volume. 

Conclusion 

Sunita Tools has delivered prototypes and approved test reports for NATO-spec 155mm M107 artillery shells under its Interim Sales Agreement while also reporting fresh business developments through its US subsidiary. The company expects its order book to strengthen further with new business opportunities and ongoing operations across its engineering and defence segments. 

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